1. And finance minister Mauricio Pinto was impeached two weeks ago amid allegations he gave preferential tax treatment to a company run by his father-in-law. 2. Chief economic planner Zhu Rongji said on Monday in Hong Kong that the government plans to reintroduce some preferential tax policies that will rekindle investor interest in China. 3. Fiscally strapped municipalities have long struggled with the question of whether charitable organizations, especially those with considerable assets, should be given preferential tax treatment. 4. Investors are concerned that Chinese government will now cut all subsidies, including preferential tax rates, that H share companies enjoy by the beginning of next year. 5. Local governments are also allowed to offer electronics firms low land-use fees and preferential tax rates to set up plants. 6. Tan, whose close ties to Marcos included preferential tax status, had faced a series of investigations into corruption and tax evasion. 7. The occasion was a bill that repealed a law giving preferential tax treatment to the sale of radio and television stations to minority-owned businesses. 8. The people give them life and endow them with valuable benefits, such as limited liability and certain preferential tax treatment. 9. The venture faces an uncertain future if China proceeds with plans to scrap preferential tax policies for foreign companies, company officials said. 10. To be sure, Siemens joint ventures face an uncertain future if China proceeds with plans to scrap preferential tax policies for foreign companies. |